Merchants Financial Group Inc
Merchants Financial Group, Inc. operates as the bank holding company for Merchants Bank, National Association that provides various banking products and services to individuals and companies in the United States. The company offers checking, savings, and individual retirement accounts, as well as certificates of deposit; and debit, gift, travel, and credit cards. It also provides personal loans f… Read more
Merchants Financial Group Inc (MFGI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: 0.025x
Based on the latest financial reports, Merchants Financial Group Inc (MFGI) has a cash flow conversion efficiency ratio of 0.025x as of September 2023.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($6.44 Million) by net assets ($256.63 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Merchants Financial Group Inc - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Merchants Financial Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Merchants Financial Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Merchants Financial Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CompuGroup Medical AG O.N.
LSE:0MSD
|
0.144x |
|
Global Indemnity PLC
NYSE:GBLI
|
0.010x |
|
NationGate Holdings Berhad
KLSE:0270
|
0.091x |
|
Oportun Financial Corp
NASDAQ:OPRT
|
0.279x |
|
AGRANA Beteiligungs-Aktiengesellschaft
VI:AGR
|
0.011x |
|
Milestone Pharmaceuticals Inc
NASDAQ:MIST
|
-0.479x |
|
Ningbo Tianyi Medical Appliance Co. Ltd.
SHE:301097
|
N/A |
|
Amcil Ltd
AU:AMH
|
0.012x |
Annual Cash Flow Conversion Efficiency for Merchants Financial Group Inc (2013–2024)
The table below shows the annual cash flow conversion efficiency of Merchants Financial Group Inc from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $275.72 Million | $36.91 Million | 0.134x | +3.60% |
| 2023-12-31 | $263.94 Million | $34.11 Million | 0.129x | -44.99% |
| 2022-12-31 | $241.16 Million | $56.66 Million | 0.235x | +19.47% |
| 2021-12-31 | $230.64 Million | $45.35 Million | 0.197x | +13.42% |
| 2020-12-31 | $210.79 Million | $36.55 Million | 0.173x | +654.04% |
| 2019-12-31 | $197.23 Million | $4.54 Million | 0.023x | -84.73% |
| 2018-12-31 | $177.72 Million | $26.76 Million | 0.151x | +12.41% |
| 2017-12-31 | $166.22 Million | $22.27 Million | 0.134x | +7.19% |
| 2016-12-31 | $150.11 Million | $18.76 Million | 0.125x | -4.23% |
| 2015-12-31 | $138.99 Million | $18.14 Million | 0.131x | -0.11% |
| 2014-12-31 | $131.19 Million | $17.14 Million | 0.131x | -60.05% |
| 2013-12-31 | $116.00 Million | $37.94 Million | 0.327x | -- |